title says it all. curious on differences in group culture / hours between m&a and coverage. how is m&a culture? would also love to hear about comp across groups as well as if doing M&A first and then moving to coverage makes more sense from a career standpoint and at what level to make the jump.
thanks!
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M&A to coverage group at VP level if fairly common. For long-term career I think M&A is probably the better start, but at the end of the day it really doesn't matter all that much where you start
M&A culture is good, ideally better than some coverage groups because they have so many analysts. something like 30 first-years in M&A. They exit well and spend a lot of time prepping for recruiting
M&A >>>>>>> coverage. Better headcount, better people, better culture, better everything at the junior level.
good to know…what about hours/wlb wise?
How is the M&C comparing to M&A?
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Can anyone speak to FIG?
used to be as toxic and sweaty as GS FIG but has improved quite a bit in last couple years, especially the verticals where the citi seniors are leading. Incredible deal flow so still busy
Any color on Junior RIB / MCIB hours and exits?
Any thoughts on sponsors?
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Chill group with good hours and culture. Not a good place if you are looking for a good experience as they don’t do a lot. Biggest perk used to be exits but MDs can’t call sponsors anymore.
Chillest group at the bank tbh. Really cool seniors and culture. Good WLB, use to run Barry gym classes or something like that. Have heard talk that Jamie laid the hammer on the seniors making calls for juniors to MF this past on-cycle this month though. If true would largely affect PE placements going forward. Solution would be to get close to the seniors so he still does though.
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